It can't hurt... it's only trading at a lazy ~40% discount.
I am not sure why they allow LICs/LITs on the ASX with less than say 200 million market cap.
They already know for these smaller funds, the liquidity just won't be there.
Frustrating.
Just to think people buy into closed funds at the float, usually at NAV. It's almost guaranteeing a loss as soon as it trades.
I am trying to think of the last float - it's been years - and I don't think that will change anytime soon.
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Last
11.5¢ |
Change
-0.005(4.17%) |
Mkt cap ! $43.45M | |||
| Open | High | Low | Value | Volume |
| 12.0¢ | 12.0¢ | 11.5¢ | $4.313K | 37.5K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 226060 | 11.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 12.5¢ | 199192 | 3 |
View Market Depth
| Last trade - 15.20pm 25/07/2025 (20 minute delay) ? |
| TEK (ASX) Chart |